Many new business fail not because they are unprofitable,but because
A)They do not have the expertise to maintain the business.
B)They run out of cash.
C)They do not have adequate inventory.
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

Running out of cash is one of the most common reasons for new businesses to fail. Even if a business is profitable, it may not generate enough cash flow to sustain its operations in the long run. Without adequate cash reserves, a business may not be able to pay its bills, invest in growth opportunities, or weather unexpected challenges that arise. Therefore, managing cash flow is crucial for the survival and success of a new business.

Many New Business Fail Not Because They Are Unprofitable,but Because